20/11/ · Right from the start, the website will point the main selling points of Blueberry Markets, Customer support, and user ratings on the two most dominant review sites for Forex and other industries. Forex Peace Army (FPA) and Trustpilot show an amazing over /5 star rating that is the best rating we have seen, also taking into account the number Estimated Reading Time: 8 mins Blueberry Markets Overview. Blueberry Markets is an Australian ECN broker offering online trading to clients worldwide. They provide a vast range of + tradeable instruments on multiple asset classes including Forex, Cryptos, Commodities, Indices, Metals, Energies & blogger.comted Reading Time: 11 mins 23/04/ · Blueberry Markets Review. Blueberry Markets is an Australian-based broker that offers online trading to a worldwide client base. They offer a limited range of about 50 tradable instruments across different asset classes, including forex, indices, metals, energies, and other commodities, through the very popular MetaTrader 4 (MT4) platform
Blueberry Markets Review [ Guide]: Top For Customer Service
Blueberry Markets was founded In taking the slow, steady growth strategy without the blueberry forex review of debt. To position on the market, and differentiate, Blueberry Markets marketing strategy focused on user feedback as the prime channel for client pool development. Visitors will be met with some background videos that may give an impression the broker wants to get interactive and stir the right emotions by direct contact with the customer. Right from the start, the website will point the main selling points of Blueberry Markets, Customer support, and user ratings on the two most dominant review sites for Forex and other industries.
Forex Peace Army FPA and Trustpilot show an amazing over 4. This is really hard to achieve, especially if we know the fact that most of the people lose money trading and there is a good chance dissatisfied customers will leave bad feedback unrelated to the broker quality of service. Forex Peace Army is heavily marketing Blueberry Markets on its website, further solidifying their image.
Blueberry Markets has two account types although the first option they present is the Demo or Practice Account. This Demo account will be reviewed later in this review. The other two accounts are Standard and Professional Account.
Standard account features no commissions, wider spreads than Professional Account, from 1 pip, smaller deposit threshold, MT4 trading platform, the same leverage level and the number of trading instruments as the Professional Account. For all Accounts, there is a possibility to have a free VPS for trading 10 lots per month. This concept of having one account with wider spreads blueberry forex review no commissions and one with commissions and narrow spreads is common for brokers who offer a good trading environment for fast strategies and Expert Advisors EAs.
Blueberry Markets offers MetaTrader 4 and 5 although MT5 is not presented on the website, for blueberry forex review, there is no section about MT5 and the Account types selection does not mention MT5, just the MetaTrader 4 platform.
Interestingly, once clients apply for a live account they will have a selection drop list to choose MT5 or MT4.
If you select the MT5 option, you will receive an email upon completion with the link to MT4. Upon closer inspection, we have noticed the link to download MT5 for Mac that requires XQuartz. MT4 is updated to the latest build and shows around ms ping to the Blueberry Markets servers. The platform is set to default settings with some standard templates.
One-click trading buttons are visible with classic four currency pairs charts. The execution times are around ms which is a bit slower than usual for ECN brokers. As we went on we have noticed that the assets specification window is showing all important information for trading. The only thing that is left out is the swap calculation method. The symbols are categorized into Metals, Forex, UK Oil, US Oil, and CFD where all the Indices reside. Blueberry Markets has scalable leverage from tofor blueberry forex review account types.
The leverage level can be modified at any time. For Forex exotics the blueberry forex review is up to and for Indices. Oil and Metals remain with a maximum of leverage. By default, blueberry forex review, Blueberry Markets sets the leverage to The minimum rade size is in micro-lots or 0.
The volume steps are also in micro-lots. The maximum trading volume is lots. For Indices it is a bit different, 0. This scheme for Indices also applies to Oil assets. Metals have the same trading sizes as with Forex. The Stops Levels is at 30 points for Forex and Oil is at 1. For the Standard Account, there are no commissions at the expense of wider spreads.
The swaps are under normal levels, although they are not disclosed on the website, blueberry forex review, nor the legal documentation. For the Metals, spot Gold has Silver has low-level swaps, Blueberry Markets does not have a wide range of assets when comparing to other brokers. Cryptocurrencies are completely left out, commodities are based on Oil only and Stocks are also missing. There is a total of 54 trading instruments, and most of those are Forex currency pairs.
Forex has a total of 48 currency pairs and it can be said that Blueberry Markets is focused on this market. These exotic currencies are also combined with the EUR.
Metals blueberry forex review is limited as only spot Gold and Silver are listed, blueberry forex review. Blueberry forex review are present with 10 optional trading assets. All are majors except for EUSTX50, blueberry forex review, AUS and Hong Kong The remainder of the trading assets is both Oil types, WTI and Brent.
All spreads are floating type and the levels depend on the trading account type selected, blueberry forex review. The Standard Account has spread from 1 pip although they were blueberry forex review from blueberry forex review. The Professional Account should feature spread from 0. Gold has a reasonable 28 pips, similar to spot Silver at 22 pips.
The spreads on the Standard Account have about 1 pip markup on the tighter spreads featured in the Professional Account. Deposit currency can be AUD, USD, CAD, GBP, blueberry forex review, NZD, EUR, and SGD. Blueberry Markets does not have any fees related to deposits. It also features several deposit methods that may not be available for all countries, blueberry forex review. These are Bank Transfer, Visa, MasterCard, Skrill, Fasapay, China Union Pay.
According to the Product Disclosure Statement, Blueberry Markets will cover the fees that are on their side although some fees could be charged by the recipient bank.
The broker will notify 30 days before any additional fee or a structure change. The methods will be available within the Client Portal but in general, the same methods as with deposit exist.
The broker does not take any longer than 24 hours to process the withdrawal request. Withdrawals are requested within the Clients Portal. Currently, no such bonuses or promotions are mentioned. Introducing Programs are available. We can say Blueberry Markets Blog is the source of all educational and trading material. In the mix is the recent news across markets and currency pairs. Blueberry forex review is not much depth to any of the mentioned news-analysis articles, although they cover a few of the markets.
Apart from this, blueberry Markets do not have any event calendar or tools. The free VPS service is available for traders that can execute 10 lots of trading volume in 1 month. The server reportedly has an amazing execution time of 2ms. Blueberry Markets highlight and the carrier of the business model is their Customer Support. The FAQ and the rest of the website have mediocre content, which is average in quality and quantity. What traders appreciate is what is going on behind the curtain.
Blueberry hires premium staff that is knowledgeable, fast, polite, although we have noticed some information is limited to them. The Demo account is presented to have The Demo can be extended with a request.
We have managed to fund our demo with more than Blueberry Markets has a bigger number of prohibited countries. These are Canada, Cyprus, Egypt, Ethiopia, Eritrea, Iran, Iraq, Israel, Japan, Kosovo, Lebanon, Libya, Myanmar, North Korea, Palestine, Puerto Rico, Russia, Serbia, Sierra Leone, Somalia, Sudan, South Sudan, Trinidad and Tobago, Tunisia, USA, Ukraine, Venezuela, Yemen, and Zimbabwe. These countries are still available for the Demo. Blueberry Markets is regulated, based in Australia without offshore offices, blueberry forex review.
Some of the most popular forex trading mentors have recommended this broker and it is also a sign of heavy research and investment into finding quality traders pool that will keep trading. This aligns with the company vision. It could also mean Blueberry Markets seek more advanced trader focused mainly on forex markets, hence the lack of any educational blueberry forex review. Blueberry Markets is an authorized representative of EightCap.
This is another company over the Blueberry Markets brand that has a somewhat lower rating and the number of reviews. We have the impression that the broker is open to any kind of trading, be it scalping, hedging or using fast trading EAs.
This is how Blueberry Markets differentiate, although there is much more room for improvement. The instrument offer range is below average, as well as additional tools and material. The website also has limited information even transparent, leaves the impression it is not yet complete.
It is really hard to find these flaws in the reports form their clients, on the FPA and Trustpilot. The ones that leave bad feedback are blueberry forex review by the broker staff and they receive a reply. Traders that want more assets and better trading conditions may skip this broker, great customer support is not their main deciding factor.
This is also something to consider if Blueberry Markets looks for long-lasting traders. Save my name, email, and website in this browser for the next time I comment. About Us Advertise With Us Contact Us. Forex Academy. Home Forex Blueberry Markets Review.
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20/11/ · Right from the start, the website will point the main selling points of Blueberry Markets, Customer support, and user ratings on the two most dominant review sites for Forex and other industries. Forex Peace Army (FPA) and Trustpilot show an amazing over /5 star rating that is the best rating we have seen, also taking into account the number Estimated Reading Time: 8 mins 07/09/ · Blueberry Markets is a forex broker, which means it allows traders to try to make money by trading the exchange rates between currencies. Blueberry offers the MT4 and MT5 trading platforms. In addition to currencies, Blueberry Markets also allows clients to trade stock indexes, metals and other blogger.comt: support@blogger.com, +61 23/04/ · Blueberry Markets Review. Blueberry Markets is an Australian-based broker that offers online trading to a worldwide client base. They offer a limited range of about 50 tradable instruments across different asset classes, including forex, indices, metals, energies, and other commodities, through the very popular MetaTrader 4 (MT4) platform
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